Feed production project

Erasmus

Lusaka, Zambia

Expired

$0 to go

100% funded of $24 goal

0

days left

Entrepreneur

Name

Erasmus

Member since

November 2023

On-time repayments

New member

About Me

My Name is Erasmus Mweemba, A chartered Accountant with Full ACCA qualification and a Member of the Zambia Institute of Chartered Accountants. I am currently employed with the Citizen Economic Empowerment Commission as a project Financial Consultant. I have struggled to get where I am because my dad who was the sole supporter of my education passed on when I was in 2nd year at Copperbelt University so it i had to struggle to pay my university fees. In my struggle I did some part-time jobs to raise funds and to start up a bottle store business which saw me graduate to feed production, What is unique about the culture that I live in is that people are willing to take up any opportunity to make money as time is hard. My Children would like to venture into the medical world to help the sick. My unique hobby is playing pool and chess

My Business

We provide animal and Livestock feed, the goods are in very high demand, especially in poultry and fish. The government has deliberately put agriculture as a priority to revamp the economy so most people are venturing into aquaculture and livestock farming. An opportunity has arisen in that the demand for feeds has gone up and the prices are responding to the increased demand so they have an upward trend. Typical costs are the cost of raw materials, maize, soya cakes, and other chemicals direct costs are 40% of revenue administration and operational costs are 35% leaving a a net profit of 25%. this is used for reinvestment and expansion

Project Proposal

Purchase feed and supply to livestock keepers . And also do do to door deliveries within lusaka and surrounding areas. Ensure that the correct feed is supplied

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Amount requested

$24.00

Other projects

Backers

Brian

Nairobi, Kenya

Peter

Nairobi, Kenya

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